Realistic Odds Of Getting Published
by Wendy Keller
In this article, literary agent Wendy Keller shares her
expertise about that bane of authorship: rejection.
Rejection is always part of the sales cycle, but many people are
not prepared for the numbers of rejections they will receive as
they begin their publishing career. The facts below will probably
help you understand the odds. Then we'll talk about how to beat
them:
- Agencies like mine typically reject 99.5 of everything they
see. Out of close to 500 queries a month (electronic and surface
mail) we receive, we invite perhaps 50 proposals for review. Out
of that fifty, perhaps one or sometimes two is ready to be delivered
to publishers.
- Editors take projects from agents. There are about 1600 agents
in the USA, and only about 25% of us are actually actively selling
books. There are only about 20 editors tops for any particular
subject in the major new york houses - all totaled! These same
20 people receive projects from hundreds of agents. Do the math
and consider how many they see in a year!
- An average, overworked editor publishes a maximum of 24 books
in a year, thanks to budget and staff cuts. When I began 14 years
ago, it was an average of 12. They have little time for editorial
development. That job belongs to the agents and their staff now.
- Good agents (in which group I humbly include myself) tend to
sell about 3 out of every 5 projects they represent.
- According to reliable sources, we publish only about 65,000
books a year. 2/3 of that group are text books, professional books
and fiction. That leaves approximately 12,000 books available
for you to become one of.
Like these odds? They are not in your favor, which is why becoming
an author has such panache. But it IS doable. My company does high
level book development coaching, where we actually teach you how
the editors think and how to write around the many pitfalls and
obstacles. Knock on wood, we have a 100% success ratio so far -
that is, all the authors I've coached so far have sold! (Which is
pretty exciting to report!)
If you'd like a free consultation - 10-20 minutes - where you and
I will talk and determine if your concept even has a good chance
of ending up published, give me a call. Set up an appointment to
discuss your publishing future. You'll be glad you did when you
hold a pristine proposal in your hands, ready to be delivered to
those precious 20+ editors. Call Julie at 310-456-5698 to set an
appointment now. You are welcome to send your questions to Question@KellerMedia.com
By Wendy Keller: Keller Media, Inc. Literary Agency
& Speakers Bureau. 23852 West Pacific Coast Highway, Suite 701
Malibu, CA 90265 USA Voice: 310.857.6828 Fax: 310.857.6373
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